Dubai Real Estate News
UAE Property Market Trends and Reviews

"; Nakheel has confirmed that construction would soon commence on its off-shore island development, The World.

The confirmation about the beginning of the work began when the European developer, Major Trade, announced commencement of work on its island project. Ground works, including soil testing have begun and reclaiming of the island plot and vibro-compaction will begin in February 2010, the Company said.

The Kliendienst Group last month announced that it would begin construction on its Germany Island, part of the Dh.3.1bn Heart of Europe development.

The Managing Director of Nakheel, Marwan Al Qamzi said that The World is an attractive project, given its differentiated offering and close proximity and accessibility to developing markets.

The Arabian architectural and cladding specialist, Arabian Profile Company Limited and Canadian Gulf Construction have been engaged to carry out construction work on the development. The logistics for the project will function out of The World Construction Logistics Port located at Mina Rashid, operated by Penguin Marine Boats Services.

The Managing Director of Major Trade, Viktor Herceg, expressed confidence that on completion of the project, it will generate huge demand for luxury residences. He added that Nakheel has been very supportive as the company has been striving to develop its first island development.

Located at the tip of the Greenland area of The World, the island includes a modern residential villa development and a luxury boutique hotel.

Major Trade is the real estate development investment arm and special purpose vehicle for a mid-sized European residential property developer, particularly responsible for luxury, and high-end developments in Dubai.

The work will begin on as many as 20 islands this year, Nakheel confirmed. The buyers have revised few of their initial designs taking into account the economy, and are now moving ahead with their construction works.

Labels: Luxury Homes, Nakheel, The World

"; Dubai Properties Group (DPG), a member of Dubai Holding, has announced that it would begin leasing a diverse section of spacious villas in Shorooq.

Located in the heart of Mirdiff, the new development is one of the most sought-after communities for families in the emirate.

Shorooq is a unique alternative to high-rise living, offering families the security of a high-end community, away from the hustle-bustle of the city.

Shorooq is easily accessible from arterial highways Al Khail Road and Emirates Road, and is conveniently located adjacent to Rashidiya Metro Station, and the Dubai International Airport. The family-friendly development also offers easy access to schools, shopping centers, including the popular Uptown Mirdiff and the new Mirdiff City Center Mall.

The delivery of Shorooq units meets considerable requirement for affordable, family-sized units and offers a range of leasing options, said Khalid Al Malik, CEO of Dubai Properties Group.

There are about 350 villas that are now available for lease, including three-bedroom and four-bedroom villas. The introductory promotional packages will be offered during initial stages of leasing.

The Dubai Properties Group is currently leasing out residential and commercial units at Cordoba Villas, Jumeirah Beach Residence, Al Khail Gate, Al Razi Residence, Al Waha, and the Office Park at Dubai Internet City.

The Group has also announced plans to showcase its landmark developments due for handover during this year's Cityscape Dubai 2009, to be held at the Dubai International Convention and Exhibition Center between 5th and 8th October.

Among the projects to be featured are The Executive Towers, Vision Towers, Shorooq, Al Waha and The Villa.

Labels: Leasing, Luxury Homes, Villa Projects

"; Prices of residential properties even in the best localities in Dubai, had hit the bottom, and are now once-again witnessing an increase of 20 to 40 percent, it has been revealed.

The Managing Director of Harbour Real Estate, Mohanad Al Wadiya, mentioned that recently an increase in activity has been noticed from potential buyers, who intend to purchase luxury properties, as prices are now hitting bottom. Iconic locations such as the Downtown Burj Dubai and The Palm Jumeirah are among the topmost in this revival list.

He revealed that last week, the company sold a single bedroom apartment at Downtown Burj Dubai (with Burj view) for Dh.2.1million, which was going out for Dh.1.7m to Dh.1.8m in December 2008.

The average prices for signature villas on The Palm Jumeirah was in the range of Dh.9mn to Dh.17mn during last December, but currently they are in the range of Dh.12.5m to Dh.19m, Wadiya said.

The Associate Director for Group Seven Properties, Jose I Murcia, said that luxury residential prices have stopped declining, but luxury commercial properties are continuing to slide. Locations such as Downtown Burj Dubai and The Palm Jumeirah are iconic, and with drop in prices, it makes an attractive proposition for buyers.

The Chief Operating Officer of Al Barari, Mohammed Zaal, agreed that prices have fallen in the luxury realty market, but not significantly. The prices have reduced by as little as 20 percent from their peak last year, as most of the demand for properties is from the end-users.

People intending to put money into high-end properties are long-term investors seeking to keep the investments even during recession. Such individuals do not require financial banking, and are willing to put forward anything required even if it means that they will get the level of quality they are looking for in their homes.

Labels: Luxury Homes, Property Prices

"; Zaya, the UAE-based real estate developer, plans to deliver on schedule (by December 2010), its Dh.3bn Island project Nurai, which comprises 31 high-end beachfront estates and 36 water villas,

The Chief Executive Officer of Zaya, Nadia Zaal, when speaking to media, mentioned that at present the project is a little ahead of schedule. The number of workers on the project will double over the next couple of months, from the current 200 workers.

The properties that are already sold by Zaya on Nurai are in the range of Dh.55mn to Dh.65mn. About 40 out of 67 units in the projects have already been sold. The top-most unit at Nurai will be sold for nearly Dh.100mn, though it won't be sold before completion of the project, Zaal said.

The owners of units at Nurai can even rent out the units, with service charges per unit rated as Dh.180,000 per year. There will also be a hotel project on Nurai, which would include 45 villas, the work on this will commence on September.

Located four kilometers away from the Saadiyat Island, the entire project management is managed by Zaya Retreats.

Zaal agreed that the Nurai project in terms of development area is 300mn square feet, and the project is financed by a group of banks. On completion, Nurai will have the latest spa, tennis courts, and movie theaters. Nurai is a luxury property known for its privacy.

Labels: Luxury Homes, Villa Projects

"; The officials at Al Barari residential development in Dubai revealed that the second phase of their project would release 500 apartments, ranging in size from 2000 square feet to 10,000 square feet, and will be worth $1.3mn to $5mn, depending on the size.


The apartments are targeted at people who wish to live in Al Barari, but, find the villas beyond their reach. The second phase of the project would include a spa, a hotel, and a cultural village, said David Stafford, Chief Sales and Marketing Officer, Al Barari.

About 5000 workers are working on-site at Al Barari currently, as the project enters into the final stretch of phase one, with 95 villas more to be handed over in September.

The first phase of the project comprises 290 villas and 170 units, that have already been sold to clients, who include buyers from the UK, Asia, the US and Australia.

Zaal Mohammad Zaal, the Chairman of Al Barari, said that the landscaping for the project is being planned considering the geographical location of Dubai, and comparing it to other countries that share the same geographical location, and same climate zone. About Dh.1.4bn has been dedicated to plants and greenery in the project, and emphasis is being laid on the greenery of the project.

Labels: Luxury Homes, Villa Projects

"; A member of Tatweer Dubai, The Tiger Woods, revealed that the construction work on the 55million square feet golf community development is heading towards its scheduled completion by the end of 2009.

The project has met with considerable progress across all facets of development, including the Al Ruwaya Golf Course, the world's first to accept design cues from the Champion Golfer. A boutique hotel and a club house designed by Elie Saab are also coming as per plan.

According to The Tiger Woods Dubai, there is a huge demand ever-since the launch of sales in July and the development is drawing good end-users and investor response.

The Project Director of The Tiger Woods Dubai, Abdulla Al Gurg, said that the timely progress made by the company indicates the commitment by the company to deliver promises not only with regard to completion dates, but also with creating a development which would be one of the much sought after golf destinations in the world.

A major component that has registered a steady progress is the Al Ruwaya Golf Course, wherein the 13 holes have been rough shaped and detailed shaping is in progress on nine of the holes. Irrigation, landscape and drainage is being installed on the first few holes.

Construction of lakes is also making progress inline with the proposed date of complete of the golf course.

The final design stages for the exclusive 360,000 square foot luxury boutique hotel is being finalized, with the construction of exclusive hotel, due to commence next month. It would near completion towards fourth quarter of 2010.

The Tiger Woods Dubai has also recently entered into a deal with the renowned three-star Michelin Chef Guy Savoy for a signature restaurant, his first ever debut in the Middle East at the boutique hotel.

The hotel will include 90 suites, 14 bungalows in the range of 1300 to 9500 square feet. Spreading across a 10,000 square foot oasis-style swimming pool and spa, the hotel targets the top-tier clients.

Labels: Community, Construction Projects, Golf property, Luxury Homes

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Labels: Luxury Homes, Water front

"; Dubailand, the tourism destination and member of Tatweer, announced that it has broken ground for the first spa lifestyle community in the Middle East, the Dh.1.5bn 'Palmarosa Project.'

The Senior Vice-President of Dubailand, Mohammed Al Habbai, and Chief Executive Officer of Palmarosa, Gaurav Goel, together held the groundbreaking for the 2.5mn square feet project.
The project would include 217 villas and townhouses, club houses, offices, serviced apartments, five-star hotel and a spa mall. The well-designed villas and townhouses at Palmarosa inspire a feeling of tranquility, security and contentment. The residents at Palmarosa will get to enjoy the legendary hospitality at one of the most idealistic five-star retreats in the world, the 'Palmarosa Luxury Hotel'.

The development also features one of the largest spa treatment amenities in the region, along with a blend of traditional and advanced therapy treatments.

Located off Emirates Road, behind the Arabian Ranches, featuring the majestic palms, bubbling fountains and unique variety of plants and flowers, the Palmarosa will be the primary botanical wonder of Dubai, the company revealed.

"The groundbreaking for Palmarosa project indicates our commitment towards delivering projects on schedule, and our keenness in offering integrated complementary services that cater to the entire family," said Al Habbai.

"At Dubailand, we aim to offer a range of diverse offerings from leisure and entertainment to arts, sports and culture, complemented by a luxurious lifestyle. We are confident that Palmarosa will contribute considerably to the well-being of residents and seek holistic retreat, even when remaining in contact with the vibrancy of city life," he said.

Labels: Dubailand, Luxury Homes, Villa Projects

"; According to a property developer in Dubai, its new $6.4bn luxury residential development has drawn more billionaires than in any other part of the world.

Located off the Emirates Road in Dubailand, the villas and apartments of the Al Barari mixed-use development, in the Nad Al Sheba area, are being snapped up by the super-rich.

The Chairman of Al Barari, Zaal Mohammad Zaal, agreed that Al Barari has more billionaires per square meter, than anywhere else.


"Most of our buyers are what you call 'old money'. They are the end-users and we hardly have speculators," he said.

Mohammad Zaal refused to give details, but said that the people here love their privacy. About 300 secluded villas, amidst lakes and trees, are spread across 14.2million square feet of space. Al Barari is one of the lowest density developments in the region, and more than 80 percent of it is in the un-built area.

The villas have a starting price of $10.3mn, and the apartment prices range from $1.4mn to $4mn. Phase one of the project, which includes 300 villas, is about 75 percent complete. The earthworks and infrastructure will begin towards the end of the year during phase two, which includes 32 villas, a six-star boutique hotel, apartments, spa and resort, gardens, shopping areas, apartments, culture village and a grand mosque.

About 200 villas of phase have already been sold, and a huge demand is being witnessed for phase two of the project. The entire scheme would be complete towards end of 2011.

Labels: Al-Barari, Dubailand, Luxury Homes

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Labels: Community, Luxury Homes, Residential, Townhouses

"; The Central Business District of Abu Dhabi's Reem Island will be home to the World's first Micahel Schumacher World Champion Tower (MSWCT), which was launched yesterday.
The wharf tower, which will emerge from the sea, will be wonderfully integrated with the water on the seafront and will comprise a luxurious marina.

Labels: Abu Dhabi, Al Reem Island, Deyaar, Luxury Homes

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Labels: Dubai Marina, Freehold Property, Luxury Homes, Tameer

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Labels: Dubai Marina, Luxury Homes, Residential, Tameer

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Labels: Dubailand, Luxury Homes, New Developments

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Labels: Abu Dhabi, Luxury Homes, New Developments

"; The Ferretti Group, together with ACI Real Estate has launched two luxury waterfront residences - Ferretti Luxury Beach Residence, and Pershing Luxury Beach Residence.

This freehold ownership project, named as 'Marine ', is worth about Dh.6bn, covering about 1,969,607 square feet of saleable area at the Waterfront.

The twin tower, with its landscaped gardens, set amidst canal and sea views, offers the latest in amenities such as pool, fitness center, sauna and Jacuzzi, with eight luxury yachts per brand for residents to charter at their preferred rates. These yachts will be purchased by the ACI Group.
The twin tower Ferretti Beach Residents will include 44 storeys each, while the Pershing Luxury Beach Residence will have 41 storeys, apart from individual retail units at the ground floor of each tower.

The project is slated for completion by 2011. Robin Lohmann, the Managing Director, ACI Real Estate, said that this deal has strengthened the vision of the company in bringing world-class luxury living to Dubai. The Ferreti Group has been a pioneer in luxury brand for decades now. ACI Real Estate seeks to blend Ferretti's expertise into realty projects of the company, and provide customers with best of both worlds.

The Ferreti Group is renowned globally for its high performance luxury yachts. This partnership with ACI is another instance of its effort to create a unique concept to add tangible and intangible value to its offerings.

Labels: Luxury Homes, Water front

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Labels: Dubai Marina, Dusit Dubai, Luxury Homes

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Labels: Abu Dhabi, Al Reem Island, Construction Projects, Luxury Homes, Water front

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Labels: Luxury Homes

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Labels: Apartments, Luxury Homes, Villa Projects

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Labels: Luxury Homes, Ras Al Khaima, Townhouses

"; Bloom Properties, the joint real estate development arm of Emirates International Investment Company (EIIC) and the National Holding is launching a luxury residential development Bloom Gardens, located on the prestigious Eastern Mangrove Corniche Road.


The development comprises 640 luxurious detached and semi-detached villas, apartments and townhouses along the seafront. Construction of the landmark project will commence in January 2009.

Being an exclusive gated residential development, Bloom Gardens is just a short distance away from Mangroves. The gardens combine detached villas of four, five, six and seven bedrooms, apart from three and four bedrooms, townhouses, all in a lush landscaped environment, designed by renowned international architects.

Among the other amenities are the concierge services, guard-controlled access for pedestrians and vehicles, restaurants, serviced laundry, clubhouses, coffee shops, safe play areas, tennis and basketball courts, parking space within units, recreational building in the neighborhood, pool house, barbeque and picnic area, apart from retail outlets and convenience stores for everyday use and designer boutiques.

According to Hani Shammah, the CEO of Bloom properties, the Bloom Gardens will be ready by the first-half of 2011.

The Bloom brand takes a fresh approach to property, particularly community-oriented development, bringing about a new generation in property development, setting it apart from other developers in the capital.

Apart from Bloom Gardens, the company is currently developing large scale mixed-use, master-planned communities across the MENA region. The Bloom communities will include unique features with strong operators in hospitality, education, leisure and healthcare facilities, depending on the location.

Labels: Abu Dhabi, Community, Luxury Homes, Residential

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Labels: Luxury Homes, New Developments, Residential

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Labels: eco-friendly, Freehold Property, Luxury Homes, Residential

"; Dubai now houses the world's first revolving, pre-fabricated tower, worth $3billion, designed by the Italian Architect, David Fisher. The 'Dynamic Tower' comprising 80 storey will be 420 meters tall.


Located on Shaikh Zayed Road, the Dynamic Tower will spread across an area of 1.2million Square Feet. The tower is said to have a central core for lifts, and there are lifts particularly for cars, hence it is possible for residents to drive into their apartments.


The Dynamic Tower is a slender, rotating skyscraper, with its luxury apartments being energy-self-sufficient. The tower offers endless design possibilities, with each floor rotating independently so as to form a building that constantly changes shape, and results in a unique, ever-evolving structure. Each rotating floor will have horizontal wind turbines, so that the towers can generate sufficient energy to power the other five towers of same size.


The tower will be pre-fabricated with parts made in Italy, and the time will be considerably reduced.


Fisher says "It takes only six days for completion of one floor, as against six weeks taken to complete a floor of traditional building."


It has been estimated that it will take about 20 months for completing the Dynamic Tower. It is said that a similar tower is also being planned at Moscow, followed by New York.

Labels: Apartments, Latest News, Luxury Homes

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Labels: Community, Downtown, Luxury Homes, Sales

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Labels: Ajman, Luxury Homes, Residential

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Labels: Burj Dubai, Downtown, Emaar, Luxury Homes, Residential

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Labels: Luxury Homes, Ras Al Khaima

"; Al Fara'a Properties, a flagship subsidiary of Al Fara'a Construction, Industrial and Property Group, has announced complete sales of the first phase of Dh.505mn 'Image Residences', within days after launch.

Being a luxury residential project, it generated interest from global and regional investors. The developer seeks to leverage the project's sales to further strengthen their expansion plans.

The success of the project has been attributed to its high quality and wide range of offerings, which include studio, single, double, and triple bedroom apartments and townhouses. Comprising 17 storey and 11 storey tower, the development boasts of smart home technology, apart from other amenities such as landscaped leisure deck on the podium, swimming pool, childrens pool, fully-equipped gym, and outdoor seating, and BBQ area.

The retail outlets on the groundfloor are also available for benefit of future residents. Image Residences are the perfect fit at the Downtown Jebel Ali development, which is a 200 hectare mixed-use urban community, stretching 11km across Sheikh Zayed Road and comprises three individual districts- The Trellis District, the Urban Center and Medina. The Medina District will be the ideal backdrop to Image Residences and other mid and low-rise residential neighborhoods.

Small cafes, courtyards, plazas and local shops actually accentuate the overall family-friendly environment of the district, that boasts of cobblestone streets and pathways which entice residents to walk around and experience the tranquility of new residential hub.

Labels: Latest News, Luxury Homes, Sales

"; Abyaar, the property developer and Christian Lacroix, the designer have entered into a joint venture to build a residential tower in one of the most exclusive beachside suburbs of Dubai.

The 38-unit Jumeirah-based tower, offering wonderful views across Dubai's coastline, The Palm and Burj al Arab landmarks, will incorporate a Lacroix-designed façade, vast lobby and luxurious interiors.

Although Lacroix has worked on several Paris-based boutique hotel interiors, this is the first residential offering, wherein the designer has incorporated trademark blend of past and future.

The Vice-Chairman and Managing Director of Abyaar, Marzooq Al Rashdan, said "We approached Lacroix because he is well-known for his exceptional design and theatrical style, both on and off the catwalk. This marks the beginning of a long term partnership through which similar developments will be established in the region and beyond, placing Abyaar on top of luxury development map international."

Commenting on the development, Lacroix said "We are working on something special that will tell a fanciful Middle Eastern story. The interiors will be contemporary and baroque blend of West and East, new and old, inspired by folklore and history."

The designer will be sourcing and creating unique materials for the interior design. Lacroix has designed several hotels, interiors for the French chain of Gaumont cinemas, tramway cards and TGV trains.

Labels: Luxury Homes, New Developments

"; The foundation stone for Hydra Twin Towers Project at Jumeirah Village in Dubai has been laid by Dr. Sulaiman Al-fahim, the Chief Executive Officer of Hydra Properties.

The first phase of work is likely to be complete by September this year.

The Hydra Properties Twin Tower comprises two residential towers, each of which comprises 32 storey each. Other project amenities include spacious car parkings, spas, shops, gymnasiums, community center, promenades, sports pitches, jogging trails, scenic cycling, schools, clinics, private gardens, restaurants, luxury cafes and other luxurious amenities.

The Hydra Properties Twin Towers are an exclusive community meant for luxury lifestyle, rendering tranquility and comfort.

"We are proud to lay the foundation stone, which marks the commencement of the prestigious project. We, at Hydra, are pleased with the progress of our work, which reflects the commitment of the company in providing superior quality developments. The coming period will witness the beginning of works and construction of many previously announced projects of Hydra Properties," said Dr. Al Fahim.

Labels: Community, Jumeriah Village, Luxury Homes, Residential

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Labels: Construction Projects, Freehold Property, Luxury Homes, Townhouses

"; ACI Real Estate, an affiliate of Alternative Capital Invest of Germany, together with Ferreti Group, has ventured into a Dh.6bn worth luxury waterfront resident project, 'Marine Legends', at Dubai Waterfront.

The Ferretti Group has gained reputation for its luxury motor yachts such as Pershing, Itama, Ferretti Yachts, Riva, Apreamare, Bertram, Custom Line, Mochi Craft and CRN.

Robin Lohmann, the Managing Director of ACI Real Estate, said "Marine Legends reflect the growing demand for high-end residences and aims to provide an appropriate setting that combines the requirements and aspirations of the emirate to appreciate the waterline and improved water canal systems."

He continued "Ferreti Group, with its long heritage of innovation, integrity and industry leadership, shares the spirit of endeavour and dedication to excellence, with us, which perfectly fits our mission of upholding the highest standards."

The CEO of Ferreti Group, Vincenzo Connatelli, said "We have been thinking of UAE as our next destination for international expansion. The market, with its unique platform and a sound business environment, facilitates global and business investment. Dubai is all set to become a leading global business capital, and we are happy to join hands with ACI to be a part of this invigorate phase of growth."

Labels: Luxury Homes, Real Estate Projects, Water front

"; The exciting response for Polo Homes developed by Emaar Properties, one again strongly highlights the need for luxury lifestyles and exclusive living in Dubai.

Villas being more sought-after, the elite Polo Homes, recorded unprecedented home-owner interest, the company mentioned in their statement.


Located within the Arabian Ranches, the Polo Homes, which are just 71 in number, is one of the most luxurious residential communities, ever launched by Emaar. It is a true reflection of the vast range of home options that the company offers to satisfy customer requirements. The owners of Polo Homes get to enjoy various membership privileges at the Dubai Polo and Equestrian Club, inclusive of access to modern clubhouse with specialty restaurants and spa, international equestrian events, an array of leisure and recreational facilities, and two polo fields.
The Sales Director of Emaar, Saif Al Mansoori says "Villas sell like hot cakes in Dubai, and the overwhelming customer response for Polo Homes, highlights the demand for exclusive homes with distinctive lifestyles. Polo Homes signify Emaar's competency to deliver fresh perspective to property development. The development has been created focusing on the requirements of residents, who enjoy being linked to the current equestrian-related events at their doorstep."
Apart from the leisure facilities at the Equestrian Club, the residents also get easy access to the Arabian Ranches Golf Course, schools, retail outlets, children play areas, and health and fitness amenities, located in close proximity within the Arabian Ranches development.

The two-storey villas of the Polo Homes remain detached, and comprise five to six bedrooms that reflect Andalusian architecture with every minute detail being taken care off. The villas possess spacious central courtyards, terracotta roof tiles and are spacious enough for unique and inspirational landscaping opportunities.

Polo Homes can be accessed from three ring roads that lead to Sharjah and Abu Dhabi. It is located in close proximity to the main centers of Dubai, including, the Dubai Internet City, Dubai Media City, and the Jebel Ali Free Zone.

Labels: Emaar, Luxury Homes, Real Estate News, Villa Projects

"; Al Fara'a Properties launched their new project, Dh.95mn worth, Mulberry Mansions, yesterday. This forms a part of their Dh.6.5billion worth projects planned for the current year.


The residential development, comprising 23 luxurious town homes, marks the third project of Al Fara'a in Jumeirah Village, following the launch of Manhattan Luxury Apartments and Le Grand Chateau.


The two-storey townhouses built in Victorian-style will comprise four bedrooms, a terrace, a balcony, maid's room with separate access, a private two-car garage and a small private garden. Few selected townhouses that are positioned at the far end of each row of the plot will have access to private swimming pools within side gardens. The spacious interiors incorporate custom-built walk-in closets, fully equipped kitchens, well-planned master bedrooms with distinct lighting designs, adding to the luxury. All units are well-planned to catch a view of the skylight and boulevard, ensuring natural brightness and ventilation.


The Director of Al Fara'a properties, Natasha Gangaramani said "Through the launch of our third project we are on-track to exceed our Dh.2.5bn investment plans that was outlined for 2008. We now hope to invest Dh.6.5bn this year, and expect to atleast equal our records set by previous projects in terms of customer sales and appreciation."


Mulberry Mansions will be complete towards the third quarter of 2009.


Al Fara'a Properties have met considerable success in their projects launched last year, thereby, re-defining the benchmark of excellence, in the booming realty sector of UAE.

Labels: Luxury Homes, New Developments, Residential, Townhouses

"; Al Mazaya Holding has announced its plans to develop 600 villas worth Dh.1bn, in Dubailand.

The developer, last week, displayed the model picture of the villas to the investors. Dubai Properties are the master-planners of The Villa. The project, which was handed over to Al Mazaya after completion of infrastructure works by the main developer, was awaiting bid from contractors for constructional works. Now the contracts have already been awarded, and the work has commenced.

Al Mazaya plans to complete The Villa within 18 months, while providing a marketing tool for the project owners. Three models have been designed by the company, specifying the finishing and furniture. These models can be utilized by owners to facilitate their choice of specifications, after looking at available options.

The interiors and layout work has been awarded to Spanish Interior Designer, Perla Lichi, to build luxurious home interiors and layout for necessary specifications of the project.

Labels: Dubailand, Investment Property, Luxury Homes, Villa Projects

"; The luxurious lifestyle provider and leading real estate developer of the region, DAMAC properties, unveiled their 'Amber Residence' in Dubai Residential City, located at Dubai World Central in Jebel Ali. With the launch of this property, the total number of DAMAC projects currently under development touches 80 in number.

Amber Residence is a well-designed residential and retail development in the Dubai World Central, which includes retail shops on the ground and mezzanine floors, and residential flats on floors 1 to 9. Designed to provide high-level comfort, the residents get to enjoy exclusive fitness and leisure amenities. This development will prove to be an unmatched asset to its homeowner, due to the distinctive lifestyle that it offers, with unparalleled opportunities of fine dining restaurants.

The Chairman of DAMAC Properties, Hussain Sajwani, said "Amber Residence is a modern architectural design, offering the finest residential and retail lifestyle. It has been tastefully designed to meet the minutest detail, breathing comfort. Residents can be sure of easy accessibility to everything they require, giving the true value for money."

The Dubai World Central is a massive, multi-storey development located amidst the world's largest international airport. Being a 140square kilometers city, it is twice the size of Hong Kong Island, and one of the first integrated logistics platform, including all modes of transports, logistics and value added services in its free zone environment. On completion, the Dubai World Central will be home to about 750,000 people.

Labels: Damac Properties, Dubai-Residential-City, Luxury Homes, Residential

"; A Consortium of investors, Pearl Dubai FZ LLC, led by the Al Fahim Group, Abu Dhabi-based group, has announced that it has purchased and repositioned the $3billion worth Dubai Pearl real estate development.

The project, located within the Dubai Media and Technology Free Zone (TECOM), facing The Palm Jumeirah, will cover a built-up area of more than 15 million square feet.

Abdul Majeed Al Fahim, the Chairman of Board of Directors, Pearl Dubai, while speaking during a press conference, mentioned that Dubai is growing at an unprecedented pace, and that 'Dubai Pearl' will be a unique addition to the real estate landscape of the emirate.

Dubai Pearl is an integrated, mixed-use sustainable development with all major components located within 400 meters of each other, and is expected to be complete by December 2010.

The residential segment of Dubai Pearl Towers will include Sky Palaces with private gardens and pools, Sky Penthouses, luxury-branded condominiums and apartments. It also features boutique, offices, renowned hospitality brands, state-of-the-art theatre with a capacity for 1500 to 2000 people, a luxury fashion precinct located within a premier shopping mall, cinemas, and multi-cuisine food courts.

The construction of 'Dubai Pearl' would begin immediately. The project is considered to be unique, as the infrastructure amenities, including a well-linked road network are all in place, facilitating easy access to all major residential and commercial areas such as the Jumeirah, Dubai Internet City and Dubai Media City.

Labels: Business Tower, Latest News, Luxury Homes, New Developments

"; The Al Osaimi Group has confirmed that the construction work of the $272million (Dh.1 billion) luxury resort at The Palm Jumeirah, is progressing as scheduled, and will be ready by first quarter of 2008.

The Kuwait-based developer has taken the help of several firms for project consultancy, contracting and enabling works and project management, as this is their maiden project in the UAE. The project is located on the Crescent of The Palm Jumeirah.


During the first quarter of 2008, the developer will launch one million square foot project, in accordance with the agreement signed with Dusit International, one of the prestigious Thai hotel chains in the world.

At present, Al Osaimi is carrying on with the final stages of escrow registration process in compliance with regulations laid out by the Dubai Land Department, thereby preparing to launch early next year.

The project that spreads over an area of 95,000 square meters on The Palm Jumeirah, comprises a seven star luxury hotel, a five star family resort, and an upscale residential complex that includes 178 posh freehold townhouses, penthouses and a dozen chalets.

Being designed in traditional Indian manner, the hotel has 116 guestrooms and suites, while the Moroccan-themed family resort has 292 rooms and suites. The hotels offer excellent dining, themed landscaping, ballroom, and state-of-the-art amenities. The luxurious development will also include renowned Deverana Spa by Dusit, an authentic Thai-inspired rejuvenation, apart from internationally acclaimed service of Dusit International, incorporating Thai culture and hospitality.

Right from its inception 25 years ago, the Al Osami Group, has handled several projects in Kuwait, and in the Middle East, including commercial, residential, hospitality and retail developments. The company has a rich portfolio that covers various sectors including, construction, real estate investment, engineering, while the subsidiary firm of the group has spearheaded for 15 projects including the group's development on The Palm Jumeirah.

Labels: Luxury Homes, New Hotels, Palm Jumeirah, Resorts

"; A leading UAE realty developer, ETA Star, has announced the delivery of the luxury mixed-use development 'The Palladium' at Jumeirah Lakes Towers on Sheikh Zayed Road, Dubai.

The luxury development, which features 34-storey office and retail and residential complex with single, double and triple bedroom apartment and penthouses, has been handed over to the respective owners.

Located in the heart of Jumeirah Lakes Towers, 'The Palladium' captures the charm and essence of sophisticated lakeside lifestyle. Spreading over half a million square feet in area, it is a state-of-the-art high-rise development, comprising coffee shops, restaurants, and boutiques in the lobby.

The Executive Director of ETA Star, Abid Junaid, mentioned that 'The Palladium' being, one of its major projects, the company has been able to keep up its promise, thereby deeply enrooting the trust that the customers have placed on the company.

Labels: ETA-Star, Jumeirah-Lake-Towers, Luxury Homes

"; Emaar Properties, one of the largest real estate companies in the world, has announced that they are hosting a special sales roll-out on 17th November 2007, for its Platinum Collection, the high-end homes located in Downtown Burj Dubai. The show would be hosted at 'The Palace Hotel', in Old Town, Downtown Burj Dubai.

The Platinum Collection of homes that are chosen from various residential developments within the mega-development project, comprise a range of amenities, such as high-end retail outlets, health and fitness facilities, swimming pools and children's play areas.



The Sales Director of Emaar, Saif Al Mansoori, said that these homes are chosen due to their superior standards of product quality, and also represent the luxurious living in the Downtown Burj Dubai, which would attract numerous interested buyers who are eagerly seeking a unique home experience.

Various financial institutions are offering easy home finance options for these residences. Emaar's flagship real estate project, Downtown Burj Dubai, is a mixed-use residential and commercial community, which includes hotel, shopping, leisure and entertainment, surrounded by open green spaces, lakes and other water features.

Till date, numerous homes have been already handed over to customers, and three luxury hotels have already got functional within the Downtown development.

Labels: Downtown, Luxury Homes, Residential, Sales

"; The Jumeirah Park , together with Nakheel's Jumeirah Islands are a community of family villas in beautiful surroundings, specifically designed to offer environmentally friendly living in the heart of new development area. The Park, located in close proximity to the emirates Golf Club, is easily accessible from Emirates Road and Sheikh Zayed Road.



With a wide choice of 2000 odd three, four and five bedroom villas, built within and eco-friendly environment, the Jumeirah Park is a project that is appealing to public. The villas have a wide range of sizes ranging from 3569 square feet to 5479 square feet of space, and each of these comes with its own Private Garden, Standard Private Pool, Car Ports, and a Standard Private Pool for larger villa categories.

The villas have the latest in communications, internet and entertainment. The villas are finished to the highest standard, and include the best facilities and luxury fittings within the community. With landscaped gardens and parks spread throughout the entire development, residents get to enjoy cycling and jogging as there are tracks for these events, and sufficient room for outdoor seating and exercise areas.

The development also features community center with cafes, shops and a pharmacy, as well as restaurants, shopping center and a promenade. There are also quite a few mosques, play areas and a kindergarten on the site.

The Jumeirah Park community promotes quality living in a healthy environment, with additional green measures such as the energy saving designs for villas, recycling, water features, and reduction in land, water, air and noise pollution. Residents at Jumeirah Park get to interact closely with nature, while also sustaining a good quality lifestyle.

Labels: Community, Luxury Homes, Villa Projects, Villas in Jumeira

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Labels: Luxury Homes, Palm-Jebel-Ali, Water front

"; Al Fara'a Properties recently held the ground breaking ceremony to mark the commencement of construction works of their Dh.353mn Manhattan Luxury Apartments in Jumeirah Village.

The groundbreaking ceremony was conducted just after the successful launch of Manhattan Luxury Apartments at the recent Cityscape Dubai 2007, when the project generated considerable buyer interest, with more than 72 percent of the project, being sold out.

The construction contract for the luxury apartments has been handed over to Al Fara'a General Contracting Company (AFGCO) and their team of qualified professionals. AFGCO has a successful history of more than 26 years in implementing projects around UAE, such as the Al Attar Tower, Rotana Hotel, and the Sheikh Mansoor bin Zayed Tower, among others.

Alongside the sidelines of groundbreaking ceremony, Al Fara'a Properties has registered for an Escrow Account with Emirates Islamic Bank, in compliance with regulations stipulated by Dubai Land Department.

The Manhattan Luxury Apartments draws inspiration from the 1930's urban residences of New York, comprising 355 elegant units with a classic selection of studio, single, double and triple bedroom apartments. These apartments, coupled with the stunning landscapes of Jumeirah Village, have been so designed to include well-planned master bedrooms, generous walk-in closets, beautifully appointed bathrooms, and spacious and comfortable interiors with distinctive accent lighting. The other amenities within the complex include state-of-the-art gymnasium, a swimming pool with sauna and steam facilities, and children play area.

The General Manager for AFGCO, Ahmad Maarouf said "Our vast experience in construction business has provided us with utmost confidence in handling a high-profile project like Manhattan Apartments. The strength of our expertise will ensure that we live up to our reputation of delivering quality work within prescribed time frame."

The company has committed that the works would be complete within 24 months, towards end of 2009.

Labels: Apartments, Construction Projects, Jumeriah Village, Luxury Homes, Real Estate Company

"; The World is considered to be the most extravagant project by Nakheel, with an archipelago of 300 manmade islands, set to be another icon for Dubai. With islands located just off the shore of Jumeirah beach, it is the most exclusive piece of real estate that one can own. The islands are constructed using the same techniques as in other popular Nakheel developments, the Palm Jebel Ali and the Palm Jumeirah.



The islands are so arranged as to form a globe, and draws attention from celebrities, wealthy businessmen, and even royalty to purchase a major island representing a specific country. Only recently, the island of Greece has been sold for $15.5mn dollars to an anonymous bidder in Greece. Depending on the location and size, the islands are priced anywhere between $15mn and $50mn. However, it caters only to the super-rich. The placement of infrastructure is left to the choice of the buyers, and this has resulted in the islands being pursued for residential and tourism purposes.

The only form of transport to the island is by boat and sea plane, hindering access to authorized visitors or residents, and this unique selling point has led to more than 60% of the islands being sold already. Despite the expense, the opportunity to own an island is an idea that can be realized only in few parts of the world, and Dubai is one such place.

Labels: Luxury Homes, Nakheel, Real Estate Projects, The World, Villa Projects, Water front

"; The subsidiary of Al Fara'a Construction Group, Al Fara'a Properties, has announced plans to launch the Dh.353mn luxury apartment complex, 'The Manhattan', at the Jumeirah Village, during the coming Cityscape Dubai 2007.

This latest venture by Al Fara'a Properties is coincidental with their participation at Cityscape Dubai, the largest real estate event pertaining to investments and developments in the region, due to be held between the 16th and 18th of October, 2007 at the Dubai International Exhibition Center.

The developer is also expected to reveal details about their partnership with the Abu Dhabi Commercial Bank (ADCB) and the Emirates Islamic Bank (EIB), wherein investors get to avail their flexible payment plans with a maximum of 90% finance.

'The Manhattan' in Jumeirah Village draws inspiration from the urban residence during 1930's in New York, with about 355 elegant units, comprising studio, single bedroom, double bedrooms and triple bedroom apartments with high-end finishing, in a variety of styles.

The Chairman and Managing Director of Al Fara'a Construction Group, Gangaramani, said "This is a premium site easily accessible to Dubai Commercial Centers and other finest attractions. 'The Manhattan' will live up to our corporate ethos, while also building excellence through partnerships, offering urban convenience, privacy, luxury and access to first-class road networks, amenities and planned Dubai metro."

The Jumeirah Village is a luxurious and secure community with a wide range of facilities for leisure and retail, which includes, clubs, schools, medical centers, sports, promenades, parks, scenic trails, gardens and tranquil waterways, all located at the core of Dubai's commercial district.

Al Fara'a Properties brings with them solid 27 years of expertise in offering quality-bound construction solutions in UAE, apart from indulging in leasing, property purchase and sales, development and management, investment portfolio, corporate client consultancy and facilities management.

Labels: Apartments, Cityscape, Jumeriah Village, Luxury Homes, New Developments

"; Buyers will soon be able to own homes on a luxury ship, which could sail to all locations, including Antartica and Amazon, and attend the Monaco Grand Prix or the London Olympics, the cost of which would be equivalent to nearly 2000 years rent in a Bur Dubai apartment, reports Gulf News.

BV International Ocean Holdings Limited will launch a scale model of the 719 foot vessel during the Dubai Cityscape exhibition on 16th to 18th October 2007. The company is expecting a strong reaction from the Middle East to the 112 luxury homes, the prices of which range from Dh.15.69mn for a single bedroom apartment to Dh.52.30mn for a triple bedroom. Penthouses are limited in numbers, with prices ranging from Dh.57.5mn to Dh.155.69mn for a multi-floor penthouse. The sizes of the residence would range from 800 sq ft to approximately 8000 sq. ft.

The 13-deck ship will move around the glob maintaining an average cruising speed of 18.5 knots, visiting cosmopolitan centers and anchoring near remote locations that are accessible only to a limited number of smaller yachts.

The residences on board that are hundred percent furnished, are designed to the standards of Four Seasons Hotel and Resorts, which was also launched by BV International. The residences will be designed by Tillberg Design, the company behind the development 'Queen Mary 2'.

Major features on board include four restaurants, fitness rooms and spas, a gourmet, a casino, business center with video conferencing and meeting rooms, a helipad, a wine cellar, golf simulator, putting greens, a retractable marina that provides ship to shore services, launch of jet skis or sailboats and scuba expeditions.

The first journey has been scheduled for 2010. The initial two years will have a fixed itinerary that covers the Amazon and Antartica, the Grand Prix in Monaco and the 2012 Olympics in London.

The company mentioned that its target clientele are people who are extremely successful and are at the high-end of social scale, and would like to treat themselves to the ultimate travel and luxury. The company is expecting atleast five percent sales from the Middle East market.

The project is due for completion and delivery in 2010.

Labels: Cityscape, International, Luxury Homes

"; The Jumeirah Lake Towers is yet another development, situated across the Dubai Marina development, equally impressive in size, comprising high-rises that are scattered around the man-made lakes. The buildings depict a range of residential and commercial freehold properties, marking an extension of growing business community in Dubai.



There will be a total of 87 towers, most of which are either under construction, or to be completed soon, and will be situated among four purpose built manmade landscaped gardens. Residents will get to catch a glimpse of newest part of Dubai, including the freehold communities like Emirates Living that are nearby.

The upcoming towers of the development include the Al Seef, Lake Plaza, Armada, Concorde Tower, Al Waleed, Dubai Arch, Dubai Gate, Falcon Tower, Flamingo, Fortune Executive, Fortune Tower, Global Lake, Goldcrest Views, Green Lakes towers, HDS Tower, Indigo, Laguna Tower, Lake City, Lake Shore Tower, Lake Terrace, Lake View, Madina Tower, Manchester Tower, Ocean Heights, Palladium, Saba Tower, Tamweel Tower, The Icon, Vista de Lago, Vue du Lac and Wind Tower.

Jumeirah Lake Tower aims to combine working and living in perfect harmony. All the buildings have good finishing, and offer the best in services and amenities. The commercial buyers can rest assured of excellent office accommodation that is hundred percent secure, and good services from the neighbouring facilities. Residents too, get to enjoy good amenities within their buildings, from swimming pools to gymnasiums, to saunas to conference centers.

A waterfront promenade surrounds the towers, where the working community and the residents get to enjoy an extensive range of outdoor restaurants and cafes all through the day and until late in the night. Retail outlets will also be easily available, to ensure all essential provisions are available on fingertips for the residents in the development.

Labels: Apartments, Jumeirah-Lake-Towers, Luxury Homes, Real Estate Projects

"; ETA Star, together with the Abu Dhabi Commercial Bank (ADCB) has announced the construction of Taj Exotica Resort and Spa at The Palm Jumeirah, and has entered into an agreement to this effect.

As per the agreement, ADCB will lend Dh.275million to ETA Star for construction of this superb resort complex. ETA Star plans to construct Taj Exotica Resort & Spa through a partnership with Taj Group of Hotels.

The Taj Exotica Resort & Spa is a luxurious five-star hotel development, depicting the style of conventional Palaces of Rajasthan. The highlight of the entire development is the 262 room 'Jiva Spa', which is likely to be the largest in the Middle East. The Spa comprises single and double treatment suites, meditation and yoga pavilions, beauty treatment rooms, fully equipped gyms and relaxation pools. Other facilities include Tennis Courts and Private beaches, and the swimming pools.

The Executive Director, ETA Star, Abid Junaid said that ETA Star has always aimed to provide only the best to its customers, by delivering state-of-the art projects without any comprises being made. The Taj Exotica Resort & Spa, on completion, will be the 'abode for modern-day royalty'. He assured that the project will provide its occupants all perks that a regal hospitality would offer.

Labels: ETA-Star, Luxury Homes, Palm Jumeirah, Resorts

"; Jumeirah Islands, a unique residential development by Nakheel, is based on the concept of island living in the heart of a busy city. It features 50 manmade islands, which are surrounded by water. Every island comprises 16 spacious luxury villas with a private pool and large variety of specifications and designs.



Each villa meets the highest in quality, and is characterized by European, Contemporary, Arabian and Mediterranean architecture. The villas are designed in three different ways namely the Master View, Enterntainment Foyer and the Garden Hall. Being surrounded by water, the islands truly depict the feel of an island lifestyle, with cascading waterfalls and the currents that keep the surrounding water flowing. The landscaped gardens include walkway and paths bridges to create an idyllic feeling of home.

When it comes to villas, each villa offers the best with regard to communications, entertainment and security. This, coupled with unique exterior design and fabulous garden space, makes the houses seem permanent homes. The Jumeirah Islands community offers a carefree luxurious lifestyle, with additional recreational facilities, apart from private pool alone, such as the health club, spa, tennis courts, community pool and gymnasium.

For any basic amenities such as the shops and ATM machines, one can always visit the Jumeirah Island Village, which is home to a wide range of shops and boutiques, themed restaurants, an amphitheatre, waterways, lagoons, and fountains that characterize the Jumeirah Islands project.



Jumeirah Island implies a community environment with the most beautiful settings around, and a home that is in no way short of total luxury.

Labels: Community, Jumeirah-Islands, Luxury Homes, Nakheel, Villa Projects

"; The Meadows is a flagship community project, that is based on the concept of bringing tree lined streets, and serene surroundings to the emirate. Developed by Emaar, 'The Meadows' is an integral part of the successful Emirates Living Community. 'The Meadows' comprises villas that are finished to highest specifications and standards, and feature the finest amenities for the residents to enjoy.



'The Meadows' places before buyers a choice of three, four, five, six and seven bedroom villas that are distinctive and spacious in size. All homes at the Meadows, come with large gardens and balconies, so that the residents could truly appreciate the beauty of surroundings.

Parks, water features, swimming pools, play areas, gyms are other amenities at 'The Meadows' apart from the usual supermarkets, restaurants, cafes and shops all scattered within the development. The Emirates Living Community brings different villas, lifestyle of various Emaar developments into one giant community, which includes community centers, schools, and other recreational facilities.



With the five star hotels, beach and the Emirates Golf Club being easily accessible to residents, they have the wonderful opportunity of enjoying all they need in one roof. The Meadows would be the right choice, for people looking for spacious surroundings, with best quality home finishing without having to spend the earth.

Labels: Community, Golf property, Luxury Homes, Residential, The-Meadows, Villa Projects

";

Each villa includes modern technology for entertainment, communications, internet options and spacious rooms and kitchens that meet the highest specifications. The interiors are superb, and continue with fully landscaped gardens, terraces and courtyard.

Labels: Golf property, Luxury Homes, Villa Projects

"; Jamal Al Habtoor, one of the leading real estate agents in the UAE, has announced the launch of its new Rahat service, to cater to the growing hospitality sector with a fresh supply of its fully-furnished serviced apartments in the heart of Dubai Marina. The Rahat Service, which offers single, double and triple bedroom apartments, takes off at the right time, when Dubai is anticipating a growth in visitors due to the upcoming global networking events and winter attractions.

The Chairman of Jamal Al Habtoor Real Estate, Jamal Al Habtoor said "The Rahat service will offer visitors with spacious, cost-efficient and luxurious alternative to a regular hotel room. The apartment facilities consist of all the amenities and hotel-style room services at reasonable prices. The ideal location of being situated just minutes away from all major destinations in Dubai, is another added benefit."

There are about 15 sea view apartments, comprising the latest technological facilities such as a broadband internet, telephone, and cable TV which will be available for short-term occupancy. The apartments also offer round the clock housekeeping services and security.

The apartments are located in Dubai Marina, with easy access to the shopping centers, beach, and Sheikh Zayed Road. They are also just five minutes drive from the Ibn Batutta Mall, ten minutes from the Mall of Emirates, and just a short walk away from the new Marina Mall. There are also abundant food shops, fine-dining restaurants and cafes, offering a wide range of cookery in the vicinity.

Labels: Apartments, Dubai City, Luxury Homes, Rentals

";

The Canal Residence West, positioned on the promenade, midway between the southern and northern retail hubs of the vibrant downtown district of the Dubai Sports City, makes a whole new lifestyle statement, apart from being just your home.

Located away from the cheering crowds and energy of the stadiums and the shopping mall, the Canal Residence West, depicts a world that replicates the fashion, passion and relaxation of the Riviera lifestyle, presenting infinite opportunities for you to enjoy every moment of it. In short, a life defined by the icons of modern metropolis.

The excitement of international sporting events at the Canal Residence West, is complemented by healthy lifestyle which is being promised by the Dubai Sports City. The ambience of the exciting city is quite inspiring and enables you to achieve the highest in physical fitness.

The Ste-of-the-art swimming pools and other art facilities, gives you the opportunity to keep yourself fit and healthy, with a fitness regime that spreads through the entire city, to the Ernie Els golf course and the Next Generation Club, an exception health club, offering a range of options for fitness and recreation.

The Canal Residence West, has teamed up with a world class leader, Bureau Veritas, in providing QHSE third party services, for providing quality accreditation monitoring service at each stage right from design to delivery. The service brings peace of mind to buyers and ensures that the promised quality has been delivered to its level best.

The Canal Residence West includes the following Canal Front Buildings:

• Arabian Tower
• Spanish Andalucian Tower
• Mediterranean Tower
• Classic European Tower
• Venetian Tower
  

Features

• Stylised facade designed for each building
• Landscaped waterfront promenade offering cafes, restaurants, boutiques and convenience stores
• Private club on the first floor of all buildings offering state of the art gym, fitness studio, steam room and jacuzzi, beauty salons and therapeutic treatments, reading & music room, games room and business centre
• Elevated swimming pools and sundecks with shaded pavilions
• Stunning views
• Dedicated and secure parking facilities including visitors bay
• Changing facilities and outside showers
• Children's play area
• Communal gardens and BBQ areas
• Security and concierge services
• Floor layout planned for comfortable living
• Spacious open-plan living, dining and kitchen areas
• Penthouse apartments boast maid's room and private rooftop terrace with stunning panoramic views across Dubai Sports City
• Interior designed kitchens and bathrooms
• Elegant selection of porcelain and ceramic tiles with matching borders in living areas
• Granite countertops and matching splash backs
• Elegant, high quality kitchen cabinetry
• Chrome finish, contemporary taps and fittings
• Premium sanitary fixtures
• Ceramic floor tiles in bathrooms
• Generous, fitted wardrobes and storage space
• Provision for high speed internet access and digital technology
• Solid main door
• CCTV and access control system for security
• Fire alarm system
• Central AC system
• Generous and efficient lift provisions
• Central household waste removal

Labels: Apartments, Dubai Sports City, Golf property, Investment Property, Luxury Homes, Penthouse

";

Labels: Al-Waha, Dubailand, Luxury Homes, Villa Projects

"; The luxury built-in Gallery Villas that are designed for family living, is an exclusive private community that will become home only to a selected few.

Comprising 75 luxury villas, that are designed as a self-contained private community within the Dubai Sports City, the Gallery Villas, are a safe, secure private community, comprising landscaped gardens, green spaces with cycle and jogging tracks. The development consists of two storey, three bedroom semi-detached and terraced townhouses with 2,444 square feet habitable space, and five bedroom detached villas accommodated in two storeys with 4,553 square feet habitable space.

The houses include spacious rooms and large patios and balconies, high quality kitchen cabinetry with granite countertops, built-in wardrobes in all bedrooms, separate dressing area in master bedrooms, spacious laundry and storage facilities, maids room, detached villa featuring the ensuite bathroom, guest room and driver’s room adjacent to garage.

Positioned ideally, adjacent to 'The Dunes' signature golf course, the development comprises private international schools, childcare facilities and medical clinics.

Labels: Dubai Sports City, Golf property, Investment Property, Luxury Homes, Villa Projects

"; The Oberoi Group of India, which manages and owns 32 hotels and luxury cruises across five countries, has revealed its foray into a strategic relationship with Aldar Properties, to develop two luxury hotels in Abu Dhabi.

The two hotel properties are being planned at the Al Raha beach and the Al Yas beach in Abu Dhabi, and will be entirely funded by Aldar, the largest real estate company in Abu Dhabi by market capitalization.

Aldar will be the sole owner of the two properties. The estimate of the two hotel properties are yet to be revealed by Aldar.

The hotels will be under the management of Oberoi Group under a long-term contract for a minimum of 20 years. The properties will be referred to as "The Oberoi – Al Raha Beach" and "The Oberoi – Al Yas".

The Oberoi-Al Raha beach property is expected to consist of 250 rooms and 50 serviced apartments and The Oberoi-Al Yas will have 120 villas. The properties will cater to top, luxury-end of the market. The Al Raha property is scheduled to be opened by 2010, while the Al Yas will be opened by 2013.

Labels: Abu Dhabi, Aldar, Luxury Homes, New Hotels

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Labels: Apartments, Downtown, Emmar, Luxury Homes, New Developments, New Hotels, Residential

"; Emaar has recently announced the launch its Claren residential towers on 9th September'07 in Burj Dubai.

Located directly across the 29 Burj Dubai Boulevard, Claren features two well-designed mid-rise towers and boulevard apartments that offer to its residents spacious living with better privacy. It features a wide range of podium amenities and is easily accessible to Burj Dubai.

Various financial institutions are competing to offer easy finance options to own a home at Claren, which comprises studios, one, two and three bedroom apartments.

Claren's close proximity to the Downtown Burj Dubai, and other business and financial hubs of Dubai, makes it an ideal location for professionals to stay updated with the happenings in and around the city. Various other entertainment and retail options add to the attractions of Claren. Residents will also have an easy access to The Dubai Mall, the largest entertainment and shopping destinations in the world.

The Podium amenities in Claren includes a swimming pool, office spaces, children's pool and landscaped pool deck, gymnasium, children play area, multipurpose rooms, basement level parking, shaded car drop-off at entrance level.

The apartments are specially designed to optimize natural light, with the buildings spaced sufficiently to sustain privacy, which is often not found in most high-rise buildings. The buildings will have high-speed internet, telephone service and wide range of IT options.

The Downtown Burj Dubai development by Emaar, worth US$20 billion, has most of its components in the development completed and delivered, including the residential and hospitality projects. The hi-tech superior homes, retail outlets and commercial offices and other leisure projects, located amidst landscaped gardens in the development, are marking the foray of a new downtown culture for Dubai.

Labels: Apartments, Burj Dubai, Emmar, Investment Property, Luxury Homes, New Developments, Real Estate Projects, Residential

"; Al Kaheel Equine Park and Villas, the unique freehold sub-development property of Dubailand, developed by Dubai Properties, has been designed to offer the best in luxury and space. The Al Kaheel residences are unique every sense, as they offer spacious living in completely natural surrounding. They are a combination of Ariabian heritage and modern design, and aptly define the meaning of a perfect location to own a home.




The project will include 400 spacious, individually designed, unique homes that face the desert landscape. Investors have the option of choosing any of the four, five and six bedroom villas with other added amenities such as private swimming pools, fully landscaped gardens, and Jacuzzis. Apart from the 24 hour security and helpline, residents are given an identity pass, to gain discounts through the entire park so as to gain an experience of living in the heart of this new exciting development, which is one of a kind.

The villas have high-quality finishings and have hi-tech internet, television and communication amenities with built-up areas that range from an average of 3,767 square feet to 10,064 of space. Out of the total area, each plot allows plenty of room for garden, ranging from 6500 square feet to 16,000 square feet. The additional amenities include swimming pools, health club with squash, nursery school, tennis courts, and a supermarket and shopping boulevard.

Apart from the said amenities, the Al Kaheel residents will have the additional benefits of living in the Dubailand community, the ultimate entertainment venue that features shopping malls, theme parks, luxury hotels and other residential units.

In short, life in Al Khaeel is about unparalleled beautiful luxurious surroundings coupled with the best of amenities that help in leading your life the way you desire.

Labels: Al Kaheel, Dubailand, Luxury Homes, New Developments, Villa Projects

"; The Arabian Ranches are an exclusive community of luxurious villas and townhomes, ideally located in close proximity to the Emirates Road and the Emirates Golf Club. The development drives home the concept of a beautiful home environment located in the heart of desert, away from the regular hustle-bustle of the city life. The homes are encompassed by lush landscaped gardens, and the finest equestrian and golfing amenities.

The collection of available properties in the Arabian Ranches range from large to small villas and town homes to single storey homes, that are designed in traditional Mediterranean, Spanish and Arabic styles. These specifications are segregated based on different projects such as Alma Townhomes, Al Mahra, Al Reem, Alvorada Gazelles, Mirador, Hattan, Saheel, Palmera, Alma Townhomes, Savannah and Terra Nova. Among these the HAttan, Mirador and Saheel homes comprise the Emaar Golf Homes that are constructed facing the Desert Course or the Emirates Gold Club offering wonderful views of the fairways.

The Arabian Ranches Golf Club, previously known as the Desert Course, is basically an 18-hole desert and grass course that caters to all players. The club features modern play equipments, a bar, a restaurant, and luxury guest rooms. The Equestrian Center offers the best of experience for horse lovers featuring riding fields and beautiful Arabian horses, paddocks, etc., in addition to a swimming pool, spa, polo club with lounge and dining amenities.

An English primary and secondary school is also located within the community, in addition to 20 retail outlets, including a supermarket. The entire Emaar development is best designed as an independent community meant for family living.

Labels: arabian-ranches, Emmar, Luxury Homes, Townhouses, Villa Projects

"; Nakheel has announced its plans to build a cluster of 4000 homes in 'new Dubai', which will cover the same land area as in Palm Jumeirah.



The first stage of construction of the project, Al Furjan, is due to begin during the initial half of 2008. The handover of the terraced homes and villas will be complete by the year 2010. The completion date for the entire 560 hectare development has been scheduled towards 2013.

Experts are of the opinion that this project will address the immediate requirement of villas in the emirate. The Al Furjan development comprises three, five and six bedroom villas and smaller terraced homes. The unit price begins at a range of Dh.2 million, and higher.

The project will be sold in phases. The first phase will consist of 800 units or more, and house 3,000 people. The other phases will be launched later, with about 4000 homes and 5000 residential apartments in the mixed-retail units, and hotels.

The Al Furjan will be the largest villa community ever launched by Nakheel. The officials say that the company plans to create a family-oriented community. The master-plan comprises play areas, open space and pathways. Every community will have its own village center, with other amenities ranging from supermarkets and coffee-shops to restaurants, gym facilities and open spaces.

Labels: Al-Furjan, Luxury Homes, Nakheel, New Developments, New-Dubai, Palm Jumeirah, Residential, Villa Projects

"; The Abu Dhabi Municipality has announced the unique, prestigious Emarald Gateway Project, worth Dh.7 billion dollars, being developed in partnership with the private sector. The project will be located along the main highway Coast Road, right in between the Abu Dhabi International Airport and Abu Dhabi downtown, through a main artery highway that leads to the city.

The development comprises 88 Towers, which will be developed on either sides of a 3.5 kilometer segment on the Highway. The Site has all the necessary potential to develop into a high-end residential and hotel destination.

The Abu Dhabi Municipality got the Master Plan for the project, tailor-made by KEO International Consultants. The plan was recently approved by H.H. Sheikh Mohammed Bin Zayed. In one look, the plan puts before us a powerful vision for "green" residential communities, besides including hotel complexes and a business park.



The Emerald Gateway rather than being just a development, also takes into consideration the community level desires and national level aspiration, with dramatic enhancement of all its surroundings. It will be a wonderful experience for all those who enter and leave Abu Dhabi, while they pass through the extensively shaped landscaped highway corridor, imprinting an ever-lasting memory about their drive along the stretch of the road of the Emerald Gateway.

In the center, one gets to see a giant artistically designed sculpture, inspired by the wings of falcon, which will be located inside the Sculpture Park. Resting on a reflecting pool, this will make an attractive gateway to the city during the day, while at night, it will be all lighted up to glow as two translucent forms. Their surging forms will be a mark of respect to the high achievements of the nation, and will celebrate the national pride of the City of Abu Dhabi. On the whole, the scheme is an integration of many landscaped features through numerous pedestrian links to adjoining communities.

The 88 Towers of the Emerald Gateway are located in two separate development districts; the Canal Park Neighbourhood and the Recreational Park Neighbourhood.

The Canal District, located along an existing water canal, will be developed with walkways and rich green spaces so as to form a Canal Park Neighbourhood for 42 tower plots along the edge of the canal. It will include numerous green gardens, restaurants and retails, terraces for ground level cafes, and a roundabout boardwalk. It stretches from the western edge of the Canal District to the eastern edge, ending with a fountain promenade that serves not only the tower residents, but also those in Al Maqta area.

The Recreational Park Neighbourhood, located along the Southern edge of the site, comprises 46 tower plots in a richly landscaped surrounding. The Park begins at the western edge, that includes two football field sized green areas and stretches to the east incorporating children's play areas, tennis courts, gardens and walkways.

The development also includes a Ceremonial Entrance with a Gateway Reflecting Pool, located along its western edge.

According to the Abu Dhabi Municipality officials, the development is likely to be one of the major public-private partnering developments ever launched by the Abu Dhabi Government. The Government will invest another billion ($242.4 million) for the landscaping and infrastructure services.

The Municipality and KEO officials have confirmed that a binding design and construction guideline will be issued to every plot owner to ensure the quality of design and construction, and their adherence to the master plan.

The CEO of KEO, Donna Sultan, the lead for creation of the Master Plan commented "Rather than looking at the site as the one filled with constraints, we foresaw a fantastic opportunity of putting together the master plan of the site, with its geographical prominence, being located between the City of Abu Dhabi and the airport, and came up with a world-class setting of the Emerald Gateway, which speaks about high national and community goals."

Labels: Abu Dhabi, Emerald-Gateway, Latest News, Luxury Homes, New Developments, Residential

"; Omniyat Properties, the real estate development branch of Omniyat Holdings recently held a groundbreaking ceremony of their prestigious Dh.550 million hi-tech tower, The Pad, in Business Bay.

Designed by James Law Cybertecture International, The Pad, will set an example for the rest of the world, with its unique, sophisticated residential buildings, due for completion by 2009.

This totally integrated residential complex is essentially a mix of advanced technology and perfection in design and architecture that personifies 21st century living in everyway. Through its innovative use of technology and design The Pad will offer its inhabitants a unique lifestyle experience not found anywhere else.

The President and CEO of Omniyat Properties, Mehdi Amjad, said "This marks the beginning of a new era, which will see us push boundaries of futuristic lifestyles. The Pad will set new standards of design in the Middle East and beyond. The project has already drawn huge media attention all over the world, particular the markets which are mesmerized by scope of developments in Dubai. This residential complex personifies the 21st century lifestyle in every way."

'The pad' is expected to comprise 231 apartments ranging from studios, one and two bedroom units, and a range of loft homes. The apartments will have various interesting features, including an inspirational clubhouse, which is meant exclusively for its residents. The exclusive club-house will comprise state-of-the-art gym, basketball court, running track, swimming pool with underwater audio system and more. The club will also offer its residents with a big meeting lounge, games room, party room, outdoor sunset terrace and library.

Labels: Business Bay, Latest News, Luxury Homes, Omniyat, Residential

"; Al Madar Property Investments, the real estate branch of Al Madar Group, announced that its 22 storeyed 'Scala Tower' in business bay has been more than 80 percent sold out.

The tower comprises of eighteen storey of residential units with studios, single and double bedroom apartments. It has world-class features such as a hi-tech health club, high-speed internet connectivity, cafeterias, shopping area, recreation area, closed-circuit television, high-speed elevators, 24 hours security and maintenance, car parking and more. The tower will be ready for delivery by 2009.

The Sales and Marketing Director of Al Madar Group, Keith Pepperdine, expressing his happiness over the success of Scala Tower, mentioned that the ideal location of the tower in Business Bay with eye-catching view of the Burj Dubai, coupled with modern amenities offered by the tower has been the major factors for the success of Scala Towers.

After a series of hig-profile realty projects in the UAE and Dubai, Al MAdar is now looking forward to regional expansion. The company has a rich portfolio of being involved in the property sector for more than fifteen years and has already completed 125 developments throughout the Middle East.

Labels: Apartments, Business Bay, Luxury Homes, New Developments, Residential, Sales

"; ALDAR Properties, a major real estate development, based in Abu Dhabi, has commenced the handing over process of its completed properties in the Al Raha Gardens development in Abu Dhabi.

ALDAR has already handed over the keys of the first phase to the owners, which will be hundred percent complete in another year.

To mark the occasion, ALDAR Properties held a ceremony with a few new residents of Al Raha Gardens. The ALDAR Chairman, Ahmed Al Sayegh, said "The delivery of our first-ever project in Abu Dhabi property market, is a matter of pride for us. We have proven our commitment and dedication to the UAE, ensuring that we always strive to achieve our developmental aims."

Al Raha Gardens comprises luxurious villas, townhouses, community retail, schools, dining outlets and much more in a posh landscaped area covering 665,000 square meters of land, making it the most integrated residential development in Abu Dhabi.

The delivery of the first phase of Al Raha Villas also indicates the potential for attractive villa rentals and the secondary sales opportunities for owners. All properties were sold on the day of the launch, and the development is one of the highly desired locations in Abu Dhabi, particularly, for the crowd who commute to Dubai often, as Jebel Ali is just forty five minutes away.

Labels: Abu Dhabi, Al Raha Beach, Aldar, Luxury Homes, Residential, Sales, Villa Projects

"; Leading property developer, Emaar Properties, has announced plans to launch the second tower, a part of 29, Burj Dubai Boulevard, which is an architectural marvel, that has been designed by Frank Williams and Partners, the New-York based Architects.

The launch has been planned for 25th August, 2007. Emaar will simultaneously launch the sale of its Boulevard Apartments, situated in podium of 29, Burj Dubai Boulevard.

The Sales Director, Emaar Properties, Saif Al Mansoori, said "Apart from its ideal location on Burj Dubai Boulevard, the hub of entertainment and leisure activity, the elegant design, makes it an unique attraction to the residential offering in Dubai. The Tower 2 and the Boulevard Apartments on the podium are unique and different from each other in their architectural brilliance."

Burj Dubai Boulevard comprises studios, one, two and three bedroom apartments. Easy finance for purchase of homes is being offered by various financial institutions.

The homes have a wide range of modern amenities and world-class fittings and finishes. The development features separate, spacious lobby entrances for both residential towers, in addition to other amenities such as gymnasium, pool deck, basement parking, swimming pool, communal area, children's wading pool, and multi-purpose rooms.

Labels: Apartments, Burj Dubai, Emmar, Luxury Homes, Residential

"; CHI Development Group is the first developer to break ground at the Jumeirah Golf Estates, through their work on the luxury residential estate, Lime Tree Valley.

The project, focusing on a Mediterranean-style development, represents the essence of New Dubai, and is expected to be an exclusive community in the heart of the emirate, due for completion towards end of 2008.

The Lime Tree Valley, is basically a luxury residential estate, situated in the Jumeirah Golf Estates "Earth" Eco-signature golf course and comprises 121 villas on individual plots. The homes boast of southern spannish type interiors, and mesmerizing views facing the golf course. The architecture reflects Mediterranean Village, designed by Godwin Austen Johnson, an internationally-renowned architect. The villas range from 4200 Sq.Ft. to 6995 Sq. Ft., located on plot areas ranging from 8000 Sq.Ft. to 15,200 Sq.Ft.

The Director of Development for CHI Development Group, Roger Wakeham, mentioning his happiness on the occasion of ground-breaking ceremony, said that Lime Tree Valley will be a landmark project in Dubai, not just due to its attractive external features and design, but due to the fact that the villas will be of high-standard in construction and materials.

CHI has already sold 70% of its homes in record time, and has now decided to release only limited villas during the initial stages, with the completion of show villas only during early 2008.

The CHI Development Group, is a developer with its base in UAE, and comes from an Irish background, has brought about truly world-class development, with its portfolio of partners.

Labels: Jumeirah Golf Estates, Luxury Homes, Residential

"; The Dh.1.6 billion Al Kaheel project at Dubailand, has begun, as per statements.

This makes way for the construction of 400 villas at the Eco Zone in Dubailand, meant to be a part of the Al Kaheel Residences.

A representative said "Of these 400 homes, we have 250 of them as luxury independent villas nestled amounts the valleys of their individual community areas. An additional 150 are uniquely grouped together to create our Hilltop Residences offering a new style of living within this homeland of the horse."

Though UAE has thousands of horses, Al Kaheel is expected to be the first commercial Equine Spa and Therapy Center that has been dedicated for the mental and physical well being of the performing sport horses.

The first tourist destination experience of Al Kaheel is also expected to be on-line soon. The road leading to Al Kaheel Equine Desert Safari is also under construction. This safari is likely to be the foremost among Dubailand attractions that are available to both tourists and residents.

Also the "Jewel", Fantasia Theatre and Equine Edutainment Park, is expected to be opened by 2009 and are likely to further boost the tourism industry of Dubai. Spectacular shows and performances will be available all through the day, and 365 days a year for tourists and residents alike.

Labels: Al Kaheel, Dubailand, Luxury Homes, Villa Projects

"; The final release of the premium villas in the Victory Heights golfing and residential community should start in August. The developer is waiting for the completion of the five ‘show’ villas on site for launching the next Phase.

Secondary market activity for Victory Heights has been good which we believe is healthy for the market. In some villas, the owners want to hold on and it suits us just fine. We are not too keen in going for the investor-buyers, always prefer end-users as we pride in building homes, not houses.”

The official confirmed that their prices will be dictated purely by ‘current trends’, “As a developer, we do not see the need to affix a substantial premium even though the project has been extremely well received in the earlier launch phases,” Abdulla adds.

“Victory Heights is now a concept that can be franchised. It could even be developed by us in other locations.” The Victory Heights development will have a final cost of Dh2.7 billion which reflects the quality of the development.

Frayland was recently awarded the contract to build 57 villas at the development. Negotiations are on with others for other key contract awards. Wade Adams and Septech are some of the other names closely associated with the development. Victory Heights covers 25 million square feet within the wider Dubai Sport City.

[Source - Property Weeky]

Labels: Dubai Sports City, Golf property, Luxury Homes, Villa Projects

"; India’s Larsen and Toubro (L&T ) has won a Dh.177.6 million (Rs.2billion) deal from Nakheel for construction of residential project in Dubai. The project will be under the execution of ECC, the construction division of L&T.

The project comprises construction of luxury villas and other infrastructure facilities such as club house and children’s play area at Jumeirah Islands.

The entire construction work, which involves construction of 31 luxury villas, is due for completion within 548 days from the day of commencement of works.

This is for the third time that, Nakheel, the leading project developer in UAE, has been awarding projects to L&T. The other two being the middle bridges at the trunk of Palm Jumeirah Island which has already been completed, and the Mogul Gardens.

Larsen and Toubro Limited, the $4 billion Engineering and Construction Company with global operations, is one of the most respected and largest companies among the private sectors in India.

Labels: Luxury Homes, New Contracts, Residential

"; The Emirates Sunland Group has stated that the sales of its first stage of waterfront zone of the White Bay Project, has generated revenue worth Dh.214million.

The Group mentioned in its statement that Stage one has been completely sold out, and stage five is also almost getting sold out, and this has led to release of stage two, which again comprises of canal and waterfront villas, mid-rise apartments and garden villas.

The Dh.11billion White bay project, is a resort-kind, residential community which is planned to be constructed around two man made islands, along the seashore of Umm Al Quwain.

The first stage of the $3billion community was launched at Cityscape, during last December, with 75 luxury waterfront villas, each of which has a direct access to the beach.

The White Bay community is planned to be built around Central Marina, in such a way that the town center faces the waterfront. The walkway along the water-side will have cafes, fashion boutiques, open air restaurants etc. and will be a place where the residents can relax and enjoy the town’s natural beauty. The area will be the main entertainment and cultural zone of the community. Two hotels on either side of the town center will provide eye-catching views, in addition to the gardens and the water. The community will also have a retirement residence which provides the latest medical facilities for those who wish to spend their retirement days in a resort style community.

Labels: Luxury Homes

"; According to Landmark Properties, the sales at Acacia Avenue reached Dh.60 million in a span of just two month after its launch. Acacia Avenue is a freehold property development in Jumeirah District of Dubai. The $550 million luxury development which covers 94,000 Sq. mts., was launched by Abyaar Real Estate during the City Scape Exhibition conducted in Dubai last December.

Craig Johnson, the General Manager at Landmark Properties, who are the project agents, mentioned that with the huge success of the initial phase of the project, they are now happy to be involved in the villa phase development, which is due for launch in March this year. He added that they are expecting good response to the release.

The initial phase of Acacia Avenue provided a range of accommodation with freehold one, two and

Labels: Luxury Homes

"; Kuwait's Abyaar Real Estate Development has appointed Pulse Holdings to drive develop all commercial, hospitality and retail outlets.

Pulse will activate Abyaar's Dubai Marina apartment towers which will be followed by a further major development to be launched at this year's Cityscape. Pulse was chosen for its proven retailing expertise at the luxury end of the market.

With previous experience of placing prestigious brands in the most successful mixed-use projects in Dubai, including Emirates Towers and Souk Madinat Jumeirah, Pulse understands the needs and expectations of consumers, developers and retailers.

Pulse revealed that the Abyaar contract involved maintaining the company's key differentiators through profiling the retail mix to meet stakeholders' exacting demands.

Labels: Luxury Homes, New Contracts

"; Sungwon Corporation plans to invest over $1.2 billion in property development in the Middle East in UAE's property market over the next three years.

Sungwon plans to invest by entering an alliance with Dubai Properties. Sungwon plans to pump in the money for building unique world-class lifestyle developments at Business Bay and Culture Village. Sungwon also plans to build luxury towers in Dubai.

Sungwon is one of the large integrated real estate, construction and engineering company of South Korea that has built many luxury high-rise residential/mixed use complexes.

Sungwon is known for its high rise mixed-use complexes, civil works, environmental plants and special projects, including championship golf courses, world class stadia and resorts. In 2005, Sungwon has built 52 commercial and residential projects so far.

Labels: Business Bay, Luxury Homes

"; Serious concerns have emerged over a "mis-match" in supply and demand for top-tier Dubai property.

A potential lack of investors able to finance mortgage payments of approximately Dh18,000 a month for up-coming luxury properties in Dubai could create an over-supply in the higher-tier market, property market insiders say.

On the other hand, quality developers are continuing to overlook the provision of properties aimed at mid- income earners, they say.

"There seems to be a lot of property which is coming on line in the next two years in the high end of the market, where prices average Dh900 per square feet. In the waterfront area alone you will not find anything less than Dh1,000 per square foot," said Khalid Nazir, head of investment banking at Abu Dhabi Islamic Bank.

Nazir said if demographic predictions are to be believed, these prices will be out of reach for most UAE residents, creating a mis-match between supply and demand in the high-end real estate sector.

"When you work out a 25-year mortgage on an average flat in this sector, the payments would be around Dh18,000 a month. There are many international and regional investors who would be able to pay that sort of money, but will all the supply be taken by them I doubt it," he said.

However, at the other end of the property spectrum, Nazir said the supply of mid- to low-tier housing will fail to meet demand in two years when the UAE develops its manufacturing and boosts employment.

Speaking to delegates at yesterday's opening day of the Real Estate Investment World Middle East conference, Khalid Al Mashaan, chairman and managing director of Alagarn International Real Estate Company in Kuwait, said the GCC's mid-income housing sector is being overlooked by "professional" developers.

"There is a big market out there for property aimed at mid-income families, but not enough attention is being paid to it," he said.

"At this stage, what we are seeing is local players in the market, and local players are providing the same model over and over again without looking at the needs of the market."

[Gulf News - September 19, 2006]

Labels: Luxury Homes